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Inessa05 [86]
3 years ago
6

The CEO of a business firm wants to increase the productivity of the employees while minimizing the labor costs incurred by the

company. He decides to pay a monthly salary to full-time staff members. However, he also wants to compensate employees for exceptional work through bonuses at the end of every fiscal year. In the given scenario, the CEO can use a _____ to tie a portion of the compensation to employee effort.a. pay-for-experience standardb. competency-based pay systemc. pay-for-performance standardd. skill-based pay system
Business
1 answer:
lawyer [7]3 years ago
6 0

Answer: pay-for-performance standard

Explanation: In simple words, performance based pay refers to the payment structure under which any employee who performs extra work is paid bonus for doing so.

Suck kind of system is implemented for improving the performance of the employees and boosting their morale.

Hence, the manager can use pay for performance standard.

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C Negligence

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3 years ago
Baxter desires to purchase an annuity on January 1, 2014, that yields him five annual cash flows of $10,000 each, with the first
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$313,288.16

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To find the PV using a financial calculator:

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3 years ago
Due to evaporation during production, X-treme Building Styrofoam Company requires 4 pounds of material input for every 1 pounds
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Answer:

The total standard allowed input quantity given the good output produced is 15,800 pounds.

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From the question, for every 4 pounds of material input, 1 pounds of styrofoam sheets is manufactured. This means that to produce x pound of good sheet, 4 times x material input would be required.

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